Tech Company Sees 'Fast Rise' in Indy

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(Picture Courtesy: Union 525) (Picture Courtesy: Union 525)

The chief executive officer of Indianapolis-based says the platform's "fast rise globally" has led to the need to add up to 120 jobs and move into the Union 525 building downtown. David DeRam says, since it launched in 2013, the company has served clients in more than 25 countries to help them get medical devices to market more quickly. 

DeRam says the Indianapolis talent pool has been a pleasant surprise. "When we first started the business, we thought for sure that we were going to have to move to a hub like Austin in order to get the kind of talent we needed," says DeRam. "From a talent perspective, Indianapolis has been fantastic. We so no reason to move from Indianapolis." He says the company has been able to attract talent from both coasts. is continuing to gain steam and recognition in Indiana. The company says revenue has grown by more than 350 percent per year since 2015. It has also been nominated for Scaleup Company of the Year and Tech Service of the Year for the 2017 Mira Awards.

DeRam says the move to Union 525, which was completed Monday, is also a big asset for He says the building, which was the original home of the Emmerich Manual High School, is "so friendly for a tech company" because it provides room to grow and access to other companies in the industry. It is located in downtown Indianapolis near Lucas Oil Stadium and Eli Lilly and Co. (NYSE: LLY).

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